Miles Education invests over 6 million USD to set up learning hubs in 9 cities across India; to clock 250 cr. revenues by end of FY ‘22
Bangalore : Miles Education, among India’s fastest growing higher ed-tech companies and the market leader in global finance and accounting certifications including CPA/CMA, today announced the appointment of education veteran and industry leader Vikas Gupta as the chairman of its board and Managing Director of the company. Gupta joins as part of the promoter group and his appointment in the new role is part of the larger growth strategy and plans that Miles is pursuing, to expand its portfolio of offerings and tap into newer geographies across India and Middle East.
As a first step, Miles announced that it has set up learning hubs in 9 cities across India and will expand to 24+ cities by the end of this financial year, including 10-15 tier II cities. The company is investing over USD 6 million in well-equipped residential infrastructure, the best faculty across regions and other training amenities, to ensure it can continue to nurture and produce the country’s best finance and accounting professionals globally, besides its other new course offerings. Miles has set up its hubs at present in Bangalore, Hyderabad, Pune, Chennai, Kochi, Delhi and Mumbai catering to an average 25,000 students at any point in time, training in multiple courses and certifications. The company is slated to clock revenues of INR 250 cr. by end of FY ’22 as part of its growth plans.